National Storage Mechanism | Additional information
RNS Number : 6515X
Aseana Properties Limited
02 September 2025
 

2 September 2025

 

ASEANA PROPERTIES LIMITED
("Aseana" or the "Company")

 

Extension of Commercial Paper and Medium Term Notes Repayment Date

 

Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, announces an extension to the repayment date for 3 tranches of the medium term notes with nominal value of 2.85 million Malaysian ringgit (eq. c.$0.6 million) (the "MTNs").

 

The extension to the repayment date for these tranches of the MTNs follows on from the previous 180 day extension secured for these 3 tranches of MTNs, as announced by the Company on 5 March 2025.

 

MTrustee Berhad ("MTrustee"), the trustee of the MTNs and Potensi Angkasa Sdn. Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have agreed for a time extension of 90 days for Potensi Angkasa to make full payment of the nominal value, together with any accrued unpaid coupon for the MTNs. As such, the existing maturity date of 2 September 2025 for the MTNs have been extended to 1 December 2025 and the coupon rate payable is to remain unchanged at 7%, calculated on the basis of the actual number of days elapsed on a 365-day basis, the same terms as previously agreed as part of the extension of the maturity date announced on 5 March 2025.

 

 

Enquiries:   

 

Aseana Properties Limited


Leong Kheng Cheong

Lim Tian Huat

Thong Kok Cheong

[email protected] 

[email protected]  

[email protected]



Allenby Capital Limited  (Financial Adviser)

+44 (0) 20 3328 5656

Nick Naylor / Nick Athanas / Ashur Joseph


 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCLTMLTMTTMMBA